In a first, BoB raises Rs 10,000 crore from green infra bonds
MUMBAI: Bank of Baroda raised Rs 10,000 crore through Series I long-term green infrastructure bonds, becoming the first bank in India to issue domestic green bonds.
Debadatta Chand, MD and CEO, said, "These funds will support India's infrastructure needs, enabling a transition towards a cleaner, greener and more sustainable future." According to the bank, proceeds will fund eligible green projects under its green financing framework.
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Debadatta Chand, MD and CEO, said, "These funds will support India's infrastructure needs, enabling a transition towards a cleaner, greener and more sustainable future." According to the bank, proceeds will fund eligible green projects under its green financing framework.
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